NSD and Servis-Reyestr CJSC Adopt EDI

01 February 2012
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MOSCOW - National Settlement Depository (NSD), Russia's only settlement depository servicing the full range of debt and equity securities of Russian issuers, and registrar Servis-Reyestr CJSC have announced their adoption of an electronic data interchange (EDI) system in their information interactions.

The use of EDI technology will allow accelerated document interchange and processing in the course of operations conducted in the registers of inscribed securities holders and in depository record keeping system, decreased risks of error and fraud, increased operational efficiency and processing of securities owners' lists in the course of corporate actions and enhanced confidentiality in the course of information exchange between two organizations.

Servis-Reyestr CJSC will enter records of transactions made in customer accounts of NSD acting as a nominal holder and provide information on NSD’s customer accounts opened in registers, on the basis of electronic data. Paper copies of electronic data will only be provided where required by current Russian Federation legislation, on terms determined by corresponding agreements of the parties.

About NSD

National Settlement Depository (NSD) is the largest settlement depository in Russia, a part of the MICEX-RTS Group, servicing on-exchange and OTC transactions with all types of debt and equity securities of Russian issuers and providing settlement services to participants in financial markets of the Russian Federation.

NSD provides storage of global certificates and depository accounting for 99% of corporate bond issues, sub-federal and municipal bond issues. It services 100% of transactions conducted in the federal bond and the Bank of Russia bond markets, more than 99% of transactions conducted in the corporate and regional bond markets, the majority of transactions with equities and also services UIT units and securities of foreign issuers.

In accordance with agreements concluded between NSD and the Bank of Russia, NSD acts as a settlement center for the organized securities market.

NSD is Russia's national numbering agency and the substitute numbering agency for the CIS, authorized to assign the international ISIN and CFI codes.

For further information about NSD: http://www.nsd.ru/ , or NSD Public Affairs Division: +7 495 232 0910,

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About Servis-Reyestr

Servis-Reyestr CJSC was registered on 6 October, 1994, by the Administration of Megion (registration certificate # №64475, Primary State Registration Number 1028601354055). The company specializes in maintenance of inscribed stock owners' registers (license #10-000-1-00301 of 2 March, 2004, issued for an unlimited term.

Since 1995 Servis-Reyestr has been a member of the Professional Association of Registrars, Transfer Agents and Depositories (PARTAD). It holds a certificate of registrar activities compliance А №7/11 issued on 28 December, 2011.

The company's registered capital amounts to RUB20 million; its equity is over RUB140 million.

The company provides services to over 980 customers including 91 issuers which shares are owned by more than 500 shareholders.

Servis-Reyestr is headquartered in Moscow and has 12 branches in Russian cities including Nizhnevartosvk, Yaroslavl, Tyumen, Kirov, Nalchik, Saratov, Tomsk, Volgograd, Pyatigorsk, Tver, Stavropol, Priozersk.

For further information about Servis- Reyestr: http://www.servis-reestr.ru/

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